This week we said goodbye to the 2014 – 2015 Financial Year and welcome in the 2015 – 2016 New Financial Year.
It is a great time to sit down and plan out the next financial years goals and financial milestones, remember the ATO only cares about your businesses financial year results not calendar year so why not base your planning around your reporting requirements and where you will see official figures.
Check out this weeks blog on making tax time less stressful, and ensuring you make the 2016 tax time a breeze.
From The Business Classroom Blog
Tips and tricks to make tax time less stressful.
ATO & Government Updates
Just a reminder 2015-2016 is a 53 week year vs the normal 52.
If you have employees you will need to make sure you are taking the correct amount out or they could end up owing tax.
For more information visit the ATO website.
Do you have employees?
Don’t forget to check if your employees award rate has increased, and if there is any differences in employee conditions.
Check out the Fairwork Website.
Check out these bloggers
Kate from Secret Bloggers Business – Blog Tip Tuesday.
Favourite YouTube Channels to check out.